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Stock impact report

GXO Announces Global Expansion of GXO Direct, the Industry’s Leading Shared Warehousing Solution

GXO Logistics, Inc. (GXO) 
Company Research Source: GlobeNewswire
GREENWICH, Conn. and LONDON, UK, March 28, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today the global expansion of GXO Direct, its shared warehousing solution that offers immediate access to high-quality space, technology and services at lower cost. With the combined capabilities, capacity and expertise of GXO and Clipper, which it acquired in 2022, GXO has created the most compelling shared space offering available in the UK. “Now more than ever, businesses are looking for cost savings, flexibility, and an experienced partner that will accelerate their growth, while delivering an exceptional customer experience,” said Bill Fraine, Chief Commercial Officer, GXO. “Whether a start-up or a blue chip, companies want capacity, technology and expertise to fuel growth while minimizing operating costs. Every day, we meet that need with GXO Direct. It’s shared warehousing made easy.” GXO Direct in the Show less Read more
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